VP, Construction
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Office
Location: Boston • Connecticut • Massachusetts • United States
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Salary
💰 $180,571 - $271,446 per year
Job Level
About the role
- Responsible for the technical underwriting and account management of large account construction casualty programs
- Solicits and reviews new and renewal account information required to evaluate a risk
- Identifies all potential exposures and hazards in relation to coverage requested and individual risk characteristics
- Assesses insurance and related financial risk and structures appropriate loss sensitive program to effectively protect against frequency, severity, catastrophic and credit risk
- Coordinate all administrative duties related to existing and prospective accounts
- Quarterbacks all post bind activities including policy production, compliance issues, audits and adjustments, legal agreements, receipt of collateral, legal agreement execution, TPA coordination and any other related items
- Develops and maintains relationships with producers and insured’s to achieve overall productions and profitability goals
- Responsible for all underwriting and policy file documentation
Requirements
- 10 plus years of underwriting experience and/or 10 plus years experience in the construction industry and/or insurance industry
- Established broker relationships within the Northeast/Mid-Atlantic Region would be ideal
- Bachelor’s degree or equivalent training required
- CPCU or other similar designation a plus
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
technical underwritingaccount managementrisk assessmentloss sensitive program structuringpolicy productioncompliance managementaudit managementlegal agreement executioncollateral management
Soft Skills
relationship managementcommunicationorganizational skillsproblem-solvingnegotiation
Certifications
CPCUBachelor’s degree